$440,000
$500,000
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643 W OAK TERRACE DR #B1, B2, B3, B4 Leesburg, FL 34748
8 Beds
8 Baths
4,356 SqFt
Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,356 sqft
Price per Sqft $101
Subdivision Leesburg Village Square Leesburg Condo
MLS Listing ID G5107035
Sold Date 09/30/26
Bedrooms 8
HOA Fees $1,312/mo
HOA Y/N Yes
Annual Recurring Fee 15744.0
Year Built 1980
Annual Tax Amount $1,068
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Excellent investment opportunity in one of Florida's fastest growing counties! This well-established, income-producing property includes four 2BR/2BA condos (approx. 1,089 sq. ft. each). The units feature a spacious split-bedroom floor plan, private screened patios, and in-unit washer/dryer hookups. The HOA provides low-maintenance ownership covering exterior walls and roof maintenance, lawn care, and common area insurance. Each unit is assigned an onsite parking space and there are 4 open unassigned spaces. The property location is a significant asset, benefiting from its proximity to Beacon College, UF Hospital, public transportation and historic downtown Leesburg where residents can enjoy local restaurants, shops, and Ski Beach/Venetian Gardens Park on Lake Harris. Lake County ranks as one of Florida's most rapidly expanding counties, with considerable population growth in recent years that has increased the need for rental units and affordable housing. This is an excellent opportunity for an investor seeking consistent rental income from all four units or an owner-occupant looking to live in one unit and receive income from the remaining three units. Don't miss this turnkey multi-unit opportunity.
Location
State FL
County Lake
Community Leesburg Village Square Leesburg Condo
Area 34748 - Leesburg
Zoning R-2
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Laundry Laundry Closet
Exterior
Exterior Feature Fence
Utilities Available Public
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Condominium
Monthly Total Fees $1, 312
Membership Fee Required Required
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Ray Cendana, Jr FLORIDA REALTY INVESTMENTS


